FAQs
What is the main role of the Commercial Real Estate Analyst at Morningstar?
The main role of the Commercial Real Estate Analyst is to support European CMBS lead analysts in rating new and monitoring existing European CMBS transactions, alongside conducting credit analysis and market research.
What qualifications are required for this position?
Candidates should have a completed bachelor's degree in finance, real estate, or a related area. A Master's, CFA, or accounting designation is a plus, along with previous work experience in the financial services industry, particularly in commercial real estate.
How many years of experience are required for this role?
The role requires 2–4 years of relevant work experience.
Is proficiency in any software required for this job?
Yes, proficiency in Microsoft Excel is required, and advanced knowledge of Word, PowerPoint, and Outlook is also necessary. Knowledge of analytical programming languages such as VBA or Python is considered a plus.
Will the analyst be involved in site inspections?
Yes, the analyst will accompany senior analysts and represent Morningstar DBRS at site inspections of major property types throughout Europe.
What kind of reports will the analyst help to produce?
The analyst will assist in producing detailed committee memos, presale and rating reports for investors, as well as performance analytics reports on European CMBS.
Are there opportunities for travel in this role?
Yes, the candidate must be available and able to travel across Europe occasionally as part of the role.
What type of work environment does Morningstar offer?
Morningstar offers a hybrid work environment, allowing for remote work while also encouraging in-person collaboration typically three days each week.
Is knowledge of another European language beneficial for this position?
Yes, knowledge of another European language is considered a plus for this position.
What will the successful candidate be responsible for in the CMBS rating process?
The successful candidate will provide support in underwriting commercial real estate loans in accordance with Morningstar DBRS's European CMBS rating methodology, conduct credit analysis, and monitor cash flow assumptions for various property types.
What kind of analytical skills are expected from candidates?
Candidates should demonstrate analytical abilities with a high attention to detail and a curiosity to develop new applications and perform complex analyses proactively.